Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
DB,
Do you have a sense of the status of the Kipping suit?
Until we have real news from the PTAB and the courts on the AAPL joke and the Kipping joke, it seems to me all this talk on the board is a waste of effort.
I believe in the patents and I am long on VPLM.
I have said I want a more aggressive approach to VPLM's handling of the cases but they are in the know and I am not, so I defer to their judgment.
The good news, is that this "stalled" situation cannot last much longer, so as DB says all the time "Patience is a virtue."
In the meantime, relax and have a beer and don't get so testy with one another.
I like your thought process and agree with your conclusions.
I am very long and very optimistic for all of us.
DB
I rarely will enter a debate on the board, especially as I value your opinion and posts.
But I again disagree.
If VPLM has not totaled the damages by now, someone is asleep at the switch.
If there are negotiations going on with one or all parties, updating these figures would be especially important and making them public could only help VPLM's position.
If the Judge has requested them to take a low profile, that is not the Judges role, so not sure what you meant here.
BAM, I know nothing of the details of what is going on only what we may be able to deduce. Namely, that this feels like a time for action.
As for the team, I agree they are a solid group and have far more knowledge than myself but if we are going to monetize this stock anytime in the next decade we need to stop pulling punches when we have the chance to swing away!
I want to reiterate, I respect your posts and I am very long on this stock. Just want it to be me and not my grandchildren that benefit.
DB & EEC,
I have to say DB, I normally agree with you but in this case I do not.
Being nice is not going to help us. We need to smack these people in the face and let Apple know we are gunning for them as well.
The sheer impact of updating these three infringers and even if it is merely re-stating what the damages already are will make them all sit up and pay attention.
For public companies, these are now contingent liabilities and will need to be reflected in their SEC filings and quarterly reports. June 30 is very close, if they file then.
VPLM should act now!
IMHO!!!!!
I am disappointed that VPLM has not filed immediately the updated damages for each of the infringers. This would keep the pressure on them and increase it on Apple.
PLUS it would start the timer for these PUBLIC companies being required to record a contingent liability.
Anyone agree?
anyone know what Virtenx claimed as damages?
the great thing about the PPS right now, is that it has allowed me to buy more shares at a great price!
I love it!
NRG
Forgive my ignorance but does this mean we have a delay of some sort until September?
Last year we had damages & penalties just from Apple, Verizon and ATT of $56.4 billion and over $225 billion with punitive penalties.
As I understand it, when the stay is lifted these numbers will be increased to even higher levels!
These numbers do not reflect the future value of the patents in the US, Europe and India or the other litigants like Twitter and the other 40 or so companies on our original list.
The sheer size of these numbers will force a settlement, as several have mentioned, and as I said several weeks ago, I see that settlement around $20 billion or about $20 PPS. It won't happen all at once but be gradual as we settle with each company.
The future value will just be icing on the cake going forward.
If the company is sold through a sale of stock, any and all assets and liabilities will follow the purchaser.
If the company is sold as an asset purchase with the assumption of only agreed upon liabilities, then the value will be lower and the receipts form the sale will be housed in a shell to take care of any future liabilities,
The current PPS is allowing me to continue to collect shares at a bargain for which I am thankful.
It depends on the type of purchase that takes place.
If they buy the stock then the liability, contingent or otherwise, tags along with the stock.
If they buy assets, they specify the assets and liabilities they are acquiring and the remaining assets and liabilities, contingent or otherwise, remain in a corporate shell that receives the proceeds from the sale. The net assets in the shell would be available to settle any debt or other liabilities contingent or otherwise.
In either case though, Twitter would, IMO, have to make the acquirer aware of the VPLM lawsuit regardless of the lawsuit's status.
I will play.
Based upon the law suits, future royalties from US based patents, royalties from Europe and India, I see an enterprise value of roughly $60 billion. Most of this value, probably two-thirds, is tied up in a settlement of the lawsuits and that could take a long time to be realized BUT the future value of US and foreign patents will not be disputable and there we have, IMO, about $20 billion in value. This would set a PPS around $20 today and steadily growing as the lawsuits come to a fruitful end.
If a VC or private equity fund or even a Softbank does not jump on this soon they are missing a real ROI opportunity.
I totally agree. I have been able to build my holdings up with the current dip and I am completely confident that it will be a solid IRR.
I believe you are correct that a conditional anticipated charge would have to be recognized.
Thanks
Is the motion by apple before Xmas to overturn the PTAB rulings due to ex parte communications still an open issue?
what is the next step in the Kipping case?
What is holding back the breakout?
I was expecting at least $.15 to $.2 by now.
Even volume is low.
GBC
Many thanks.
Can the company raise funds through a private placement of restricted shares at a discounted price and this board not know about it? if this were happening would it tend to drive down share price or because it is private have no affect at all?
I am curious to know from one of you that have some experience in these matters.
I can hear the cat calls already but I am starting to think that an exit strategy of being acquired by a private equity fund is a real possibility if we have a positive result with the IPR's.
Thought's? Tear me to pieces!
Great posts, Pickered
Thanks. What you say makes sense.
we have had over 30 days of positive buyer pressure and the stock goes down. (The CMF indicator)
Can someone educate me?
Isn't there some news likely to come out of Europe soon? For some reason I thought there was progress on the international patents as well.
My group basically agrees with the assessment.
There were about 10 non attorney people present. Lasted about 2 hours. Our guy made excellent points.
Nothing yet. I am slightly surprised. will keep you posted when I hear.
it is at the USPTO office on Delany street in Alexandria
I know of 2 people going to the hearing tomorrow. If I get any info I will share.
the VPLM attorney's are being paid in stock not cash as I see it, so they are taking a calculated gamble, as are we, that the patents have been infringed upon and have valuable revenue streams into the future.
So far, other than our own due diligence, they are the only outside party that has taken the chance along with the rest of us and they know enough about patent law to assess the risk of return. I see that as very positive though.
all your points are well taken as well.
BTW, I am not an attorney!
There is a group of professionals who know patents and must believe in VPLM because they are being paid in stock, our group of attorneys.
That was my sense as well but I am hopeful that when they are finalized they represent a significant value proposition to us all.
Does anyone know the timetable for the European patents being finalized?
w,
I agree completely.
I understand that the US Patents need to be upheld and it may take sometime for this to formally occur but I still see 3 intrinsic areas of value for VPLM.
1. Damages for past royalties not paid and these may amount to $50 billion or more and will most likely be discounted to maybe 10% or $5 billion but that is still a large number.
2. Future value of US Patents: Hard to say what this number could be but even if you apply 20% of past unpaid royalties to the future value you have an additional $1 billion
3. Future value of the patents in Europe and other countries where these patents may even have great efficacy. Again impossible for me to say, but even $2 or $3 billion here as well seems to be consistent.
This would give a total reasonable valuation of over $8 or $9 billion or $8 or $9 per share.
Regardless of what happens with PTAB and the US courts, the European and other country patents will generate royalties, so I see this as a very sound bet oscillating between $3 and $9 per share within 12 months!
thank you. that was helpful.
anyone have a sense of the implications of a long-term licensing agreement to Apple, for example?
I wonder if companies interested in Twitter would be interested in VPLM?
yeah, you are correct!
On what grounds would they open a new IPR?